Corporate Bitcoin treasuries have lost over $4 billion in value following President Trump’s tariffs, dropping their total worth to about $54.5 billion. This decline is impacting the share prices of publicly traded Bitcoin holders, with the Bitwise Bitcoin Standard Corporations ETF and Michael Saylor’s Strategy fund both experiencing losses exceeding 13%. The volatility of Bitcoin ...
A surge in corporate interest is predicted to bring Bitcoin onto the balance sheets of over 100 S&P 500 companies by 2030. Elliot Chun, a partner at Architect Partners, believes that treasury managers will feel compelled to engage with Bitcoin to stay competitive. Currently, only Tesla and Block hold Bitcoin, but many companies are eyeing ...
BitGo CEO Mike Belshe expects positive momentum for cryptocurrency assets to persist into 2025, fueled by a new pro-crypto administration in Washington D.C. While the crypto industry is optimistic, Belshe believes the full impact of the regulatory changes may not be entirely factored into Market prices yet. He predicts that many companies will increasingly add ...
